Understanding Contingency Fees

When you are injured in an accident – you need money now. Unfortunately, insurance companies don’t always want to pay accident victims what they truly need and deserve. As a result, injured accident victims may find themselves involved in a lengthy settlement negotiation or they may need to file a personal injury lawsuit. Hiring an attorney is a critical step towards obtaining the money you need to recover. Unfortunately, many injured accident victims are reluctant to hire an attorney because they’re afraid they can’t afford it. Luckily, this is far from the case. Understanding contingency fees is important if you’re going to understand how attorney compensation works, and what it means to you.

The majority of personal injury attorneys work on a “contingency basis.” This means that you do not owe an attorney a dime unless they are able to win or settle your case. That’s right! This enables you and your family to seek justice, no matter what your financial status is. Your attorney will take a percentage of your settlement or award after your case is won. This fee will vary from attorney to attorney, but in general it is about one third of the recovery. If your case doesn’t win – you owe nothing.

Further Reading: The Dangers of Speeding Outlined in New Study

When accident victims are already struggling to pay medical bills and expenses, having an attorney on your side is invaluable. Your attorney can protect your rights and ensure that you receive the maximum compensation for your injury and for your accident. Without an attorney on your side, you may not receive the money you need. This can put your family in serious financial difficulties.

It is important to know that there may be some other types of legal fees associated with your case. Even if you lose your case, you may be required to pay court fees, deposing witness fees, and other types of charges. Before you hire an attorney it is recommended that you ask about all types of fees upfront. Be sure you know what you are responsible for paying and what fees are not your responsibility.

If you have been injured in a car accident, motorcycle accident, or other type of accident, and you believe that someone else is to blame, it is highly recommended that you contact an experienced personal injury attorney immediately. Your attorney will be able to review your case closely and help you choose the legal path that is best for you. Since there are no upfront fees – what do you have to lose? Knowing all of your legal options is key to obtaining the money you need to recover after a devastating accident.

Contact Our Experienced Northern Colorado Personal Injury Lawyers

At Hull & Zimmerman, P.C., our committed personal injury lawyers are dedicated to the belief that everyone deserves justice. That’s why we offer all our services on a contingency basis. Call us to see what we can do for you! Contact us at (303) 423-1770 or (866) 385-3505.

Our personal injury lawyers have extensive experience representing injured accident victims in Broomfield, Arvada, Superior, Lafayette, Louisville, Erie, Brighton, Commerce City, Northglenn, Westminster, Thornton, Longmont, and throughout Colorado.